SpaceX’s profit helps lift AI stocks and Wall Street

The US stock market is rising Wednesday following strong profit reports from SpaceX, Capital One Financial, and other big companies. The S&P 500 added 0.4 per cent and pulled within 1 per cent of its all-time high set earlier this month. The Dow Jones Industrial Average was up 171 points, or 0.3 per cent, with an hour remaining in trading, and the Nasdaq composite was 0.9 per cent higher.